John Moret, marketing director for Suffolk Life, has warned pension providers with cumbersome legacy issues they may fail to cope with the raft of legislative changes over the coming year and face challenges from new players.
He says the coalition government's timetable to change pension tax relief and annuitisation rules are ‘ambitious' and could leave providers struggling to keep up. This could provide a window for new players...
Less environment, more governance threatens to undermine firms' green credentials
Evidence your compliance
Quarter of single pensioners dependent on state